In a world where AI is as common as a parrot in a pirate ship, analysts are warning that intelligent robots could replace much manual human labor. This could trigger a wave of unemployment that would reshape society and prompt the enactment of some form of UBI. Here’s how that might happen – probably involving a lot of paperwork and a few very confused accountants. 🧠
Will Big Capital Pay for UBI in the AI Age? Some Believe It Is Possible (Probably Not, But Let’s Try) 🤷♂️
The potential substitution of large swaths of human labor by artificial intelligence (AI) and intelligent robots has prompted analysts to consider the surge of a universal basic income (UBI) strategy, capable of sustaining the population in a post-singularity world. Imagine a future where your only job is to not get eaten by a robot. 🤖
Several explanations have arisen to describe how this process will take shape, and pinpoint from where the capital for this new economic structure will come, with UBI at the forefront. It’s like trying to explain quantum physics to a toddler, but with more spreadsheets. 📊
//x.com/nic__carter/status/1956090454304268769″>stated
:
The unemployables (80% of the population) will get UBI paid for by confiscation/tax hikes on the owners of capital. And obviously the owners of capital will have disposable income. (Note: “Disposable income” here likely means “the money they have left after buying a yacht named ‘Sarcasm’.”)
//x.com/elonmusk/status/1959723029531181380″>declared
:
There will be universal high income (not merely basic income). Everyone will have the best medical care, food, home, transport and everything else. Sustainable abundance. (Translation: “We’ll all be rich… eventually. Probably.”)
It remains uncertain whether AI will achieve the level of dexterity required to render humans obsolete. Nonetheless, Musk has been warning about the need for a UBI strategy since 2017, when AI had not developed to the degree that chatbots and agents show today. “I don’t think we’re going to have a choice,” he concluded at that time. (Note: He also said “the cake is a lie,” but that’s a different story. 🍰)
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2025-08-25 17:18